For Lease · Industrial

8 13025 84 AVENUE, Surrey

8 13025 84 AVENUE, Surrey, BC V3W1B3

$22 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

98%

Clear height

26 ft

Loading docks

5

About this property

Prime location warehouse in Newton allows tenants an opportunity to lease a well managed warehouse space centrally located in Newton. Positioned at the intersection of 84 Avenue and 130 Street the complex is located in close proximity to commercial amenities including restaurants, hotels and shopping including King George & 72 Avenue shopping centre. PROPERTY FEATURES: Central location easily access 88th Ave (Nordel), 12' x 14' bay door, front grade loading, 22' ceilings, IL Zoning, clean complex. Fenced area, alarmed, gas heating, high ceiling, heavy power. Improved office/showroom space on ground floor with restroom and kitchen. Above ground floor is an improved office space with boardroom and restroom. (id:66811)

Financial sandbox

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Estimate
Purchase price$22
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.62%

DSCR

0.80

Going-in cap

4.45%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

126,899

Households

44,796

Median income

$98,500

Median age

43.9

Daytime population

123,212

5-yr growth

3.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 8 13025 84 AVENUE, Surrey.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.